Bank failure · FL
Americanfirst Bank (Clermont, FL) — failed April 16, 2010
Americanfirst Bank of Clermont, Florida was closed on April 16, 2010 and resolved through a purchase and assumption. TD Bank, National Association (DE) took over its insured deposits. At failure it held $104.0M in assets and $100.1M in deposits. The FDIC's estimated loss on the failure is $16.4M (15.8% of assets).
- Closing date
- April 16, 2010
- FDIC certificate #
- 57724
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- TD Bank, National Association
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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